Far East | Telecoms, media

Vympelcom is to buy Primorsky regionís NTC for $420m

10 Jun '11
Mobile operator Vympelcom, working under Beeline brand, has purchased 90% shares in Primorsky region telecom services provider Novaya Telefonnaya Kompaniya (New Telephone Company, NTC), Kommersant reports.

Under plans, in Q3 2011 the company is to purchase the remaining 10% shares in NTC through mandatory offer.

Vympelcom buys NTC at to the companyís estimated price of $420m, the newspaper said.

The seller is Korean group KT Corporation.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations: Primorsky Krai

Latest News: Far East
1 Dec '21 | Technology & innovation
27 Oct '21 | Technology & innovation
20 Oct '21 | Technology & innovation
3 Sep '21 | Finance, business | Transport, logistics
 

Feature stories

27 Dec '21
An innovative hybrid plate for cranial defects...
24 Nov '21
Cerebral vascular disorders are responsible for a...
8 Oct '21
Chemists at the St. Petersburg State University...
Search (News archive - 22911)
Technology Scouting Solutions For Industry
NATT
Advertising
Marchmont News

Latest News

20 Jan '22
A research team at the Samara Polytechnic University...
18 Jan '22
A scientific team in the West Urals has come up with...
14 Jan '22
A new device, developed by a Russian start-up and...

Most read stories from last week

20 Jan '22
A research team at the Samara Polytechnic University...
21 Jan '22
19 Jan '22
A Russian startup and international company...